The NBA has a rule in the collective bargaining agreement that they have to be spending a ridiculously high percentage of the salary cap on players every year, which means that they have to give money to players. How does this effect the drart? Well, draft players, even first round ones are paid comparatively well compared to what they will get in their first free agent contract, but if the Jazz have too many players on the team with rookie scale contracts, the Jazz may be forced to give overpriced contracts to players who don't deserve them just to get over the set salary mark for the year. (CJ anyone?)
Basically, the question is: how young do you really want the team to be? We already have five players who are rookies or sophomores on the team right now, and our high minutes vet players are actually right at their prime. If we get even more high draft picks, who would demand time, the Jazz would regularly have rosters on the floor with the majority of players being first through third year players, even with Millsap and Jefferson on the floor.
On the other side of the coin, what happens if they draft badly? Then you have a bust of an NBA player getting paid three to five million dollars with at least two years guaranteed, more if the Jazz foolishly believe the player has 'potential'.
I think the Jazz have enough youth on the team, it may be time to bring in maybe one power player through trade without damaging the core, and see if they can get somewhere.
Watching them loose today hurt, and it is obvious that it wasn't a talent issue. It was a youth issue, they got careless, which is a typical rookie mistake. More draft picks does nothing to help this, in fact it makes the situation worse. I might even be ok with parting with Golden State's pick if it gives us a solid player somewhere we need help.